LatestLegal Updates 10 September 2026
EPFO Must Pay 6% Interest After 35‑Day PF Delay
India's Mumbai consumer court ordered EPFO to pay 6% interest after a 35‑day delay in settling a retired employee’s Rs 14 lakh PF claim, underscoring the statutory requirement for timely payouts and compensating the worker for the financial loss.
EPFO ordered to pay 6% interest after a 35‑day delay in a Rs 14 lakh PF settlement.
- The Mumbai consumer court ruled the delay violated statutory timelines.
- EPFO must add 6% interest to compensate the retired employee for the loss.
- The decision emphasizes prompt processing of PF claims.
For full details, see the India Today report.
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